Monthly MOTR Checkup Video (MMC): “Market Still Not Ready For ‘Prime’ Time Yet.”

While we remain longer-term bullish, and it is wonderful that the S&P has recorded new highs, market breadth has yet to confirm the S&Ps strength. This leaves us with a tactically cautious view, and a strong preference for buying only when the market is oversold. We are now overbought, so we prefer to adopt a "wait and see" attitude. Continue to "water the flowers and pull the weeds", of course, but resist the temptation to get overly bullish while we are overbought.

To view this content you must be an active subscriber of MOTR Capital Management & Research. Not a subscriber? Join today and unlock access to “Research” posts.

Back To Top